Global Endoscope Reprocessing Market Projected to have a Robust 10% Growth by 2027

 

Increase in operations involving the gastrointestinal tract, respiratory tract, ear, urinary tract, and female reproductive tract. Furthermore, there is a growing preference for minimally invasive surgeries, a growing reliance on endoscopy for diagnosing and treating various conditions, a heightened risk of infections from contaminated endoscopes, advancements in endoscope reprocessing technology, increased hospital investments in endoscopy facilities, and the introduction and enforcement of reprocessing guidelines for endoscopy units by healthcare authorities, to name a few key factors.

Endoscope reprocessing is seen as crucial for infection prevention. Endoscope reprocessing processes include precleaning, cleaning, washing, disinfecting, rinsing, drying, and storage.

However, a shortage of experienced specialists and an increasing demand for single-use endoscopes are two problems that might hamper business growth.

Endoscope Reprocessing Market Recovery After Covid-19

Covid-19 has a detrimental impact on global health services, especially the reprocessing of endoscopes. Covid-19 has an immediate influence on disciplines such as gastroenterology. The pandemic harmed endoscopists' workflow and safety, as well as that of ancillary employees and patients. Personal protective equipment (PPE) shortages, decreased patient throughput, a lack of testing kits, workforce furloughs, and lockdowns compelled units to significantly reduce procedure volume, postpone, and even cancel GI procedures in medium- to low-risk patients. Endoscope reprocessing revenue declined as the number of endoscopy procedures decreased.

However, the endoscope reprocessing business has been on the mend since 2021. Increased sales of gastroscopes and colonoscopes, the introduction of new devices, and a growth in the number of GI, respiratory, ear, urinary system, and female reproductive tract operations have boosted the market.

Explore Accurate Market Insights and a Free Sample PDF @ https://www.biospace.com/article/global-endoscope-reprocessing-market-is-expected-to-witness-a-decent-growth-rate-of-10-percent-in-the-next-5-years/

 “Due to growing penetration of endoscopes across hospitals globally, the demand for scope reprocessing is rising as it plays a critical role in the fight against health care acquired infections (HCAI) and contributes to a more sustainable health care.” - Senior Director, Leading Automated Endoscope Reprocessor (AER) Manufacturer, United States

Global Endoscope Reprocessing Market is Fueled by Technological Advancements

Endoscope reprocessing is a technology-driven business with ongoing product enhancements/innovations.  For example,

  • In June, 2022, Getinge launched an updated version of the ED-Flow automated endoscope reprocessor. The new features provide a greater degree of digital connectivity and data management which in turn is expected to result in improved uptime and increased productivity

The United States holds the dominant the global endoscope reprocessing market

The United States now controls a sizable portion of the worldwide endoscope reprocessing business. The growing number of endoscopic examinations, high prevalence of hospital-acquired infections, aging population, favorable reimbursement climate for endoscopy procedures, growth in minimally invasive endoscopic therapy procedures, rising concerns about cleaning, disinfection, and sterilization, and higher quality expectations all contribute to the market's size in North America.

Competetive Landscape Analysis : Global Endoscope Reprocessing Market

The market is marked by the presence of firms such as STERIS/Cantel Medical, Wassenburg Medical, Getinge, Advanced Sterilization Products (ASP), Olympus, CONMED, Ecolab, among others.

Organic and Aggressive Growth Strategies Adopted by Players to Establish Their Foothold  in the Global Endoscope Reprocessing Market

The Global endoscope reprocessing market is characterized by the presence of both established and emerging companies. To gain market share, industry participants use both organic and inorganic growth techniques such as new product launches and alliances.  For instance,

  • In January 2021, STERIS entered into a definitive agreement to buy Cantel. The acquisition of Cantel complements STERIS’s product and service portfolio focused on infection prevention

Increasing instances of GI, respiratory, ear, urinary tract, and female reproductive tract procedures, technological advancements in endoscope reprocessing products, and rising demand for infection prevention during endoscopic examinations are all expected to drive the global endoscope reprocessing market in the coming years.

For more comprehensive insights on the Global Endoscope Reprocessing Market, visit @ https://meditechinsights.com/endoscope-reprocessing-market/

About Medi-Tech Insights

Medi-Tech Insights is a healthcare-focused business research and insights consultancy. Our clientele include Fortune 500 organizations, blue-chip investors, and hyper-growth start-ups. We have executed over 100 projects in Digital Health, Healthcare IT, Medical Technology, Medical Devices, and Pharma Services.


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Associate, Medi-Tech Insights

+32 498 86 80 79

info@meditechinsights.com

 

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